AlixPartners sometimes referred to as Alix Partners is a consulting firm best known for its work in the turnaround space.[2] The firm was founded by Jay Alix in 1981 to handle the turnaround of Electrical Specialties Co., and has since moved into a more traditional consulting space, grown to a staff of over 1000, and added office locations throughout North America, Europe, and Asia.[3]

AlixPartners' work includes enterprise improvement consulting, financial advisory services, information management services, and executing turnarounds of distressed and healthy companies. AlixPartners has been involved in several high-profile turnaround and bankruptcy assignments including GM's Saab division,[4] Kodak,[5] Barney's New York,[6] and JC Penney.[7] The firm's managing directors are frequently cited as topic experts in business publications such as Bloomberg, the Financial Times, CNBC, and Fox Business.